Are You Gambling or Trading? Think about this.

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Originally Posted by gonesh06

Yea 100% i gambaling in forex market... I believe god is mine so it is possible to me................................................ ................. plz pray for me..................

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gambling is a matter of luck and deliberately risked their capital to the money, but if trading is a system and how to get a lot of money yanag and strategy here is very compatible with us according to our ability

I am a trader because I do not gamble
in gambling there is no such thing as risk management and we know the difference in the forex risk management and profitability. we must be good at reading the market at high prices and selling at low prices to buy

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Originally Posted by mayten12345

Most people who make a go at this demanding
profession of trading fail. And they fail miserably.
This hard, cold reality is due to several reasons,
but I'd like to point out one of the most damaging
of all those reasons. What has guaranteed the
failure of countless trading novices is the inability
to see the difference between a "gamble" and a
"professional trade" .

If you really want to make consistent money in the
forex market, your methods had better be professional
and extremely disciplined. No guess work. If you want
to be entertained, it is better and cheaper to go to
the movies.

Smart trading involves executing a plan. Do you have
a plan? If not, then the hard truth is you are gambling.

Gambling is nothing more than buying or selling with the
hope that you are right. So in my opinion, it is very very
important that you trade smart. Have a plan and execute
that plan. You can never lose sight of this fact: in order
to win this game of forex trading, you must last.
Those who trade smartly last, and those who gamble don't
last.

Every trader must learn to recognize which is which. In
your trading style, are you gamling? Or Are you trading smart?

Education is the Key to your success. Get professionally trained,
and mentored and you will last long in this lucrative profession.

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i always trade as a trader and want to be best trader in forex trading business, so if you want to be trade in forex trading then must be take every trade seriously and gives the proper timing to trading forex and get the trading forex basic knowledge and trading experience with demo account for best trading and good profit,

Yeah I am thought about this . I think forex is must a real and legal way to earn money . We are invest money and then work hard to make profit from forex trade . So you are not gambling in here .

Gambling in forex is not a great idea to follow , all what happened is to depend on luck and this is not right , so i prefer to be a trader that trade with a logical analysis to have a logical results ,

actually traders use this trading as a gambling and trading i am a traders and i use this Forex as a trading i think that it is suitable for me.

i think that i am a trader in this trading because i like this and i want to earn from this but i believe many traders earn from gambling.

i think gambling and trading both are same thing that if you you are trading in forex that is one type of gambling because when you will invest money in forex then you have to depend on your luck that will you be winner or loser.....

forex trading is such like a depends on luck . you may get profit or loss any time . SO it called that is such like a gambling . but don't be worry if do your bussiness properly you must get profit . it is sure . so bro do your business .and profit.

I think that the relation between gambling and trading depends on the money management of trading, it doesn't depend neither on strategy nor system. If any trader maintain/follow tight money management, then if he opens a trade of losses, his balance will be lost in a very little amount, I will recognize this as trading. And if he doesn't follow tight money management, his balance may become totally nil, I will call it gambling.